Fixed income, rates & currency: Inflation strengthens its grip

Japan government bond (JGB) 10-year yield and inflation-indexed bonds (JGBi) 10-year yield

Whereas news of the hostilities in Ukraine may be losing their potential to shock and dislocate the world economic order, inflation news has maintained its powerful hold over financial markets across the world throughout 2022, with many economies recording their highest inflation levels for decades.

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